26.06.2017 Building energy efficiency, smart buildings, US Market, US Smart Buildings

Nuuka Solutions Lands in California

We are excited to announce that we have established a subsidiary company in Los Angeles, CA. The Californian subsidiary will be a joint effort between Nuuka and Ms. Marylou Garcia, who will be spearheading the efforts to bring yet another Nordic technology to the large US market.

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Nuuka will own 51% of the new Joint Venture in the US, and after having realized significant growth in the first two quarters of 2017 we believe we are poised to continue this growth into the second half of the year through this strategic decision.

California is leading the United States in cleantech adoption, and we see the greater Los Angeles area as one of the key markets to tackle if we want to become a leading player in the cleantech movement. Nuuka is doing their part by making smarter and sustainable buildings a reality in the United States.

Marylou Garcia, CEO and President of Nuuka Inc. has an MBA from Wharton and is well established in the California market. She is also the Managing Director for Expense Reduction Analysts, Los Angeles – an enterprise that helps organizations put additional cash flow to work by further lowering supplier costs, without any compromise to quality and service. Through partners and alliances, Nuuka Inc will be able to reach thousands of potentials customers in the United States.

Nuuka CEO, Mikko Valtonen

“We have had a very busy first 2 quarters of 2017. We have been successful in getting key new customers to use our software both here in the Nordics, and abroad in Benelux and the US. We see the opening of a subsidiary in California as a logical next step on our growth journey to becoming one of the key players in this rapidly developing smart building market. We are very excited about the partnership we now have with Marylou Garcia and her extensive networks. We look forward to starting projects in California in the very near future”

Cleantech Invest Chairman of the Board, Lassi Noponen based in Los Angeles

“Cleantech Invest combines the best Nordic cleantech with formidable American entrepreneurship by bringing a set of its portfolio companies to the US and Nuuka is first project to go live. We have several other projects in progress and hope to be able to announce the next company very soon. Nordic Cleantech is very competitive on the global stage, as Finland and Sweden continue to act as the epicenter for technological innovation. There is tremendous market potential to bring these technologies to the US.”

Consul General of Finland in Los Angeles, Stefan Lindström

“California and the Nordics are leaders in clean technologies. We are here to support Finnish companies’ entry to the massive US market and have been happy to contribute to Cleantech Invest’s and progress in California. Innovators like Nuuka are important pioneers and will pave way for many more Nordic cleantech companies’ emergence to the US market.”

Cleantech Invest CEO, Alexander Lidgren

“We set up our office in California to help our companies grow in the USA. I don’t think Lassi could have found a better partner for Nuuka than Marylou Garcia. Nuuka has a scalable solution that real estate owners in the Nordics love, and I am really exited to see how it will be received in the American market.”

Marylou Garcia, CEO and President of Nuuka Inc

“As buildings continue to get smarter and generate massive amounts of data, Nuuka provides a cost efficient solution to allow property owners, developers and managers real-time, instantaneous visibility to all their automation systems for quick decision and action. Nuuka combines sustainability, energy efficiency and customer satisfaction under one platform. California has historically been first to adopt and commercialize new technologies, and I am looking forward to begin working with Nuuka solutions in continuing to make that statement true.”

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